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Xiongan New Power Technology Co (SZSE:300152) Interest Expense : ¥-3.9 Mil (TTM As of Mar. 2024)


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What is Xiongan New Power Technology Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Xiongan New Power Technology Co's interest expense for the three months ended in Mar. 2024 was ¥ -0.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ¥-3.9 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Xiongan New Power Technology Co's Operating Income for the three months ended in Mar. 2024 was ¥ -9.0 Mil. Xiongan New Power Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥ -0.3 Mil. Xiongan New Power Technology Co did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Xiongan New Power Technology Co Interest Expense Historical Data

The historical data trend for Xiongan New Power Technology Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Xiongan New Power Technology Co Interest Expense Chart

Xiongan New Power Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.81 -12.20 -7.36 -3.83 -3.98

Xiongan New Power Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.38 -0.14 -0.34 -3.12 -0.28

Xiongan New Power Technology Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥-3.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Xiongan New Power Technology Co  (SZSE:300152) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Xiongan New Power Technology Co's Interest Expense for the three months ended in Mar. 2024 was ¥-0.3 Mil. Its Operating Income for the three months ended in Mar. 2024 was ¥-9.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ¥57.0 Mil.

Xiongan New Power Technology Co's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Xiongan New Power Technology Co did not have earnings to cover the interest expense.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.

Xiongan New Power Technology Co (SZSE:300152) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Xiongan New Power Technology Co Ltd (SZSE:300152) » Definitions » Interest Expense
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Traded in Other Exchanges
N/A
Address
Xiongan Citizen Service Center Enterprise Office Area West Area, Pilot Free Trade Zone Xiongan Area, Baoding, CHN, 071000
Website
http://www.kre.cn
Xiongan New Power Technology Co Ltd operates as an environmental management platform company. It is engaged in providing thermal and power generation, petroleum, chemical, metallurgy, building materials, industrial combustion, and industrial heating users.
Executives
Zong Ran Secretary Dong
Hu Jian Jiang Executives
Cheng Fang Fang Executives
Mao Jun Liang Director
Ge Bing Executives
Guo Jie Jian Director
Ge Lan Directors, executives
Li Qing Yi Director
Wang Yu Gang Supervisors
Chen Gang Director
Li Peng Yun Supervisors
Jia Hong Sheng Director

Xiongan New Power Technology Co (SZSE:300152) Headlines

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